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: but that is less and less likely in a world where global competition and rapidly changing technology are washing away and replacing middle class work. faced with these challenges, the president offers two solutions: more training and more investment in technology to help american workers compete. and there's bipartisan support for that approach. >> going forward the question will be can we take people with average skills and give them a new technology that makes them earn a lot of money, or can we make our workers more skilled and thus allow them to earn more money. that's going to be the issue. >> reporter: the other issue is scale. the american middle class is vast and so are the challenges facing it. >> the magnitude of the problem facing the middle class-- this disconnect between economic growth and their prosperity, their opportunities is quite large relative to many of the solutions we're proposing which are on the small side. so we have to ramp up the magnitude of the solutions. >> reporter: which brings us back to where we started. big solutions can be expensive. and that's not popular a
that squeeze digital information through copper wire. we're stuck with this old-fashioned technology because, as susan crawford explains, our government has allowed a few giant conglomerates to rig the rules, raise prices, and stifle competition. just like standard oil in the first gilded age a century ago. in those days, it was muckrakers like ida tarbell and lincoln steffens rattling the cages and calling for fair play. today it's independent thinkers like susan crawford. the big telecom industry wishes she would go away, but she's got a lot of people on her side. in fact, if you go to the white house citizen's petition site, you'll see how fans of "captive audience" are calling on the president to name susan crawford as the next chair of the federal communications commission. "prospect" magazine named her one of the "top ten brains of the digital future," and susan crawford served for a time as a special assistant to president obama for science, technology and innovation. right now she teaches communications law at the benjamin cardozo school of law here in new york city and is a fellow a
as a smartphone. c.e.o. tim cook is scheduled to speak at the goldman sachs technology conference tomorrow in san francisco. then he'll join first lady michelle obama for the state of the union address. apple shares up 1% to just under $480. shares of microsoft rose a fraction on reports that its "surface x pro tablet" computers sold out over the weekend. microsoft advanced 1%. shares have climbed more than 4% since the start of the year. shares of tesla hit a speed bump after a negative review of its model "s" sedan. the "s" is the first car the auto-maker designed completely. tesla is expected to announce the release date of its quarterly report this week. tesla shares dropped 2%. but despite that, shares are still trading near their 52-week highs. and starz says it has extended its agreement with sony's film business. the deal gives starz exclusive premium pay-tv rights to sony pictures entertainment movie releases through 2021. starz shares were shining: up over 7%. sony shares pretty much flat. three of the five most actively traded exchange traded products were lower. the s&p 500 vix exchan
at a goldman sachs technology conference today, cook also said apple is considering einhorn's proposal to issue preferred stock and return more money to shareholders. einhorn and his firm greenlight capital sued apple last week as part of a broader effort to push the tech giant to dole out more of its $137 billion hoard of cash. as for apple stock today, it tumbled 2.5% to about $468. just five months ago, the stock was trading at $700. meanwhile, uncle sam's cash situation is improving a little bit. the u.s. treasury posted its first monthly budget surplus since 2008, and thanks to a jump in tax revenue. it's now $2.9 billion in the black for january. that's a big improvement over the $27 billion deficit a year earlier. but despite that turnaround, lawmakers still need to make major cutbacks in order to keep government debt in check. >> susie: the group of seven industrialized nations issued a statement today saying that any stimulus programs they undertake are aimed solely at spurring domestic demand and are not an effort to weaken their currencies, but this aggressive monetary policy, and wh
a new book where airlines will benefit from new technology. >> susie: certainly it is complicated and complex to integrate two big airlines. so what do you think executives over at delta and united continental were talking about today. are they going to be making any changes now that this merger is official? >> well, this is probably one of the most anticipated mergers ever, which again is the reason why it didn't have any effect on the stock prices today, i would guess. and these people were expecting it. they're planning for it. and they were, believing that the industry will benefit by having these two weaker carriers combine into what will eventually be one strong carrier. >> susie: and what about travelers. you heard suzanne pratt's report about ticket fares. a lot of people are concerned about it. you have been covering the airline industry for years. you've seen all of these mergers. what does this mean for ticket fares? >> ticket prices will solidify. we won't have the giveaways we've had for the five or ten years before. this was a trend that was developing already as air
Search Results 0 to 4 of about 5

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